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United Arab Emirates

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions
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29 March, 2023

UAE’s digital dirham rollout includes mBridge soft launch for cross-border transactions

The Central Bank of the United Arab Emirates (CBUAE) is forging ahead with the development of its central bank digital...
India, UAE central banks collaborate on CBDCs with cross-border features
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19 March, 2023

India, UAE central banks collaborate on CBDCs with cross-border features

Building on their individual plans to improve the payments system, the central banks of India and the United Arab Emirates...
UAE academic taps BSV blockchain to display and protect its cultural heritage
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14 March, 2023

UAE academic taps BSV blockchain to display and protect its cultural heritage

Mohammed Al-Hemairy is leading the development of a Bitcoin SV-powered platform that seeks to protect UAE art and display it...
UAE adds new free-trade zone for digital asset firms
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5 March, 2023

UAE adds new free-trade zone for digital asset firms

The Emirati government's free-trade zone will serve as a hub to innovate firms focusing on blockchain and Web3 as the...
Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative
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19 February, 2023

Abu Dhabi makes a foray into Web3 with $2 billion-backed initiative

Abu Dhabi sets its eyes on becoming a Web3 hub in the MENA region under its new project geared toward...
UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme
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16 February, 2023

UAE sets sights on CBDC launch to improve local, cross-border payment under new scheme

While other countries choose whether to focus on a retail CBDC instead of wholesale, the United Arab Emirates is seeking...
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